Form 4: Koppers Holdings Inc. Director Albert J. Neupaver Reports Acquisition of Common Stock Through Dividend Equivalent Rights

Sentiment:

SEC Form 4 Filing


Director Albert J. Neupaver acquired 17 shares of Koppers Holdings Inc. common stock on May 2, 2025, through the release of dividend equivalent rights.

Summary

  • On May 2, 2025, Albert J. Neupaver, a director of Koppers Holdings Inc., acquired 17 shares of common stock.
  • This acquisition resulted from the release of dividend equivalent rights (DERs) in connection with the vesting of restricted stock units (RSUs) granted on May 2, 2024.
  • The DERs were released on a one-for-one basis, meaning one DER is equivalent to one share of Koppers Holdings Inc. common stock.
  • Following the transaction, Neupaver directly owns 79,006 shares of Koppers Holdings Inc. common stock.
  • The transaction was reported on a Form 4 filing with the SEC on May 6, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction related to executive compensation; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares.

Key Dates

DateDescription
05/02/2024Date of grant of Restricted Stock Units (RSUs) that led to the release of Dividend Equivalent Rights (DERs).
05/02/2025Date of transaction: Acquisition of 17 shares of common stock through release of DERs.
05/06/2025Date of filing the Form 4 with the SEC.

Keywords

Form 4, Koppers Holdings Inc., Director, Albert J. Neupaver, Common Stock, Dividend Equivalent Rights, DERs, RSUs, Beneficial Ownership, SEC

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